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Economics Headlines
Math scores remain lower than a decade ago. It’s a bad sign for the economy. washingtonpost.com
Federal testing data released Wednesday shows that students are struggling, and experts said this means they may not be able to work in high-skill jobs.
Source: washingtonpost.com
Macron to chair video call involving G7 and China over trade imbalances reuters.com
French President Emmanuel Macron will chair a video conference on Thursday involving G7 countries and China over how to address global trade imbalances, the Elysee said on Wednesday.
Source: reuters.com
Rising from the rubble: A Gaza tech incubator defies Israel’s war aljazeera.com
Israel’s war on Gaza has decimated the tech sector, killing experts and destroying incubators that offered opportunity.
Source: aljazeera.com
Do we really need gigantic, noisy, water-guzzling datacentres ruining our communities? In this economy? theguardian.com
Excessive heat, pollution and making climate change worse just so you can ask the computer to draw a funny dancing cabbage
Source: theguardian.com
Wisconsin tourism economy statistics travelandtourworld.com
Source: travelandtourworld.com
Russia is getting richer from oil, but growth is still slowing: Goldman businessinsider.com
Russia has emerged as one of the few winners from the recent disruption to global oil markets amid the war in Iran.
Source: businessinsider.com
China May wholesale inflation hits near 4-year high on Iran war, AI costs; consumer inflation misses cnbc.com
Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.
Source: cnbc.com
‘Anything but normal’: Uncertainty as Iranians try to get by amid US war aljazeera.com
War damage and blockade have worsened economic conditions for many struggling Iranians.
Source: aljazeera.com
The May inflation numbers are due out Wednesday morning. Here’s what to expect cnbc.com
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
Source: cnbc.com
Opinion | Inside Trump’s Economic War on Iran wsj.com
Treasury sanctions target the regime’s oil and gas revenue by restricting its access to cryptocurrency.
Source: wsj.com
Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war theguardian.com
National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the war
Source: theguardian.com
Growing Africa’s sports economy cnn.com
Source: cnn.com
Iranian Aggression Masks Economic Difficulties forbes.com
The willingness of Iran to engage in conflict is often portrayed as a sign of a resilient economy supporting foreign ventures. In reality: said ventures mask problems.
Source: forbes.com
Billionaires’ Billions Are Increasing Faster Than Ever nytimes.com
Elon Musk’s potential new status as a trillionaire demonstrates in real time why there has been such a rapid rise in the concentration of wealth at the top.
Source: nytimes.com
AI backlash not to be underestimated, IMF director warns businessinsider.com
Kristalina Georgieva of the IMF said world leaders should not ignore AI’s negative impacts, citing the effects of globalization as a cautionary tale.
Source: businessinsider.com
